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Golden Eagle Retail Group (Golden Eagle Retail Group) Change In Receivables : $0.0 Mil (TTM As of Jun. 2023)


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What is Golden Eagle Retail Group Change In Receivables?

Golden Eagle Retail Group's change in receivables for the quarter that ended in Jun. 2023 was $0.0 Mil. It means Golden Eagle Retail Group's Accounts Receivable stayed the same from Dec. 2022 to Jun. 2023 .

Golden Eagle Retail Group's change in receivables for the fiscal year that ended in Dec. 2022 was $-1.1 Mil. It means Golden Eagle Retail Group's Accounts Receivable increased by $1.1 Mil from Dec. 2021 to Dec. 2022 .

Golden Eagle Retail Group's Accounts Receivable for the quarter that ended in Jun. 2023 was $6.0 Mil.

Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed. Golden Eagle Retail Group's Days Sales Outstanding for the six months ended in Jun. 2023 was 2.82.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Golden Eagle Retail Group's liquidation value for the six months ended in Jun. 2023 was $-750.8 Mil.


Golden Eagle Retail Group Change In Receivables Historical Data

The historical data trend for Golden Eagle Retail Group's Change In Receivables can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Golden Eagle Retail Group Change In Receivables Chart

Golden Eagle Retail Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.15 38.50 13.11 -4.05 -1.11

Golden Eagle Retail Group Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Golden Eagle Retail Group Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.0 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Golden Eagle Retail Group  (OTCPK:GDNEY) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Golden Eagle Retail Group's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=6.003/389.153*91
=2.82

2. In Ben Graham's calculation of liquidation value, Golden Eagle Retail Group's accounts receivable are only considered to be worth 75% of book value:

Golden Eagle Retail Group's liquidation value for the quarter that ended in Jun. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=1158.371-2094.205+0.75 * 6.003+0.5 * 361.063
=-750.8

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Golden Eagle Retail Group Change In Receivables Related Terms

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Golden Eagle Retail Group (Golden Eagle Retail Group) Business Description

Traded in Other Exchanges
N/A
Address
No. 888 Yingtian Street, 17th Floor, Block A, Golden Eagle World, Jianye District, Nanjing, CHN
Golden Eagle Retail Group Ltd is principally engaged in the development and operation of department stores in China. Targeting the mid-to-high end market, the company's stores are primarily located in four provinces and one municipality, including Jiangsu, Anhui, Shaanxi, Yunnan, and Shanghai. In addition to the core function as a department store chain, the company's stores also provide other functions and amenities, such as dining, entertainment, beauty, and personal care, cinemas, and preschool education. Specifically, for the company's stores, the majority of the total gross floor area is located in self-owned properties.

Golden Eagle Retail Group (Golden Eagle Retail Group) Headlines

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